Which among following is an implication of revaluation?
A) revaluation makes the country's exports relatively more expensive for foreigners.
B) revaluation makes foreign products relatively more expensive for domestic consumers, thus encouraging imports.
C) revaluation help to reduce the country's exports to reduce the current account surplus.
D) all the above
Correct Answer:
Verified
Q17: International trade refers to trade between
A)two regions
Q18: Under a fixed exchange rate system, _are
Q19: _ is the deliberate downward adjustment in
Q20: A _is an upward adjustment in the
Q21: Which among following is NOT an implication
Q23: Devaluation leads to
A)increasing the price of imports
Q24: PDS Stands for:
A)public distribution system
B)public division system
C)price
Q25: Agricultural Credit is given by.
A)co-operatives
B)rrbs
C)nabard
D)all of the
Q26: India's Green revolution was most successful in
Q27: The worst form of land tenurs system
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